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FD Monthly Interest Calculator

How much monthly (or quarterly) income will your FD pay? Calculate payout for any deposit and rate, or the deposit needed for a target monthly income.

Updated 30 September 2026 · 25 banks tracked
Free calculator
Instant results
Bank-method maths, Indian formats
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About the Monthly interest calculator

Use this calculator for non-cumulative FDs that pay interest out. It shows the monthly, quarterly, half-yearly and yearly payout, and works backwards from the monthly income you need.

FD Monthly Interest Calculator

Monthly income table

DepositMonthly @ 6.5%Monthly @ 7.0%Monthly @ 7.5%Quarterly @ 7.0%
₹1,00,000₹539₹580₹621₹1,750
₹5,00,000₹2,694₹2,900₹3,106₹8,750
₹10,00,000₹5,387₹5,799₹6,211₹17,500
₹25,00,000₹13,469₹14,499₹15,528₹43,750
₹50,00,000₹26,937₹28,997₹31,055₹87,500
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How the calculation works

Quarterly payout = P × r ÷ 400. Monthly payout = quarterly payout ÷ (3 + 3i + i²), where i = r ÷ 1,200. Half-yearly = P × r ÷ 200; yearly = P × r ÷ 100.

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Frequently asked questions

How much FD do I need for ₹20,000 a month?

At 7% you need about ₹34.5 lakh (monthly payout discounted). Use the “target income” mode above.

Information is for education and comparison. Rates and rules change — confirm with your bank and a tax adviser before investing. FinancePortal is not a financial or tax adviser.